13 High Rd 4 Unit Apartment Building $700,000 ($175,000/Unit) Cary, IL 60013

13 High Rd offers the opportunity to acquire a four-unit multifamily property in downtown Cary, Illinois. Constructed in 1952 with durable all-brick construction, the property combines existing rental income with future redevelopment potential. Recent capital improvements include the rehabilitation of three of the four apartment units, positioning the asset to support continued occupancy while reducing near-term renovation requirements.
Located within Cary's established downtown area, the property benefits from proximity to local restaurants, retailers, community services, and the Cary Metra station. The walkable location provides residents with convenient access to commuter rail service and downtown amenities, supporting long-term tenant demand. Situated on a corner lot, the property also benefits from visibility and accessibility within the surrounding neighborhood.
The asset consists of four residential units and offers investors the opportunity to acquire an income-producing property within a mature suburban market. In addition to its current residential use, the site's location near downtown Cary may appeal to purchasers evaluating future redevelopment or repositioning opportunities, subject to municipal approvals. The combination of recent unit upgrades, established rental income, and proximity to transportation infrastructure creates multiple pathways for ownership, whether focused on long-term cash flow, value-add execution, or future redevelopment.